Covata held $8.5 million in cash at 30 June 2015, compared to $11.7 million at 31 March 2015. Net operating cash flow for the quarter was ($3.4 million) compared to ($2.6 million) for the quarter ended 31 March 2015. The additional spend is primarily attributable to approximately $860k of consulting fees, paid to Asia Principal Capital Group (APCG), incurred over the previous 18 months and relating to a number of strategic initiatives including the signing of key agreements with Cisco, Sumatics and NSC Global. Average monthly operating costs (exclusive of extraordinary non-recurring items) for the quarter remained at $870k.
Looking at the above it wont take much to reduce and stop the losses.
Covata held $8.5 million in cash at 30 June 2015, compared to...
Add EXT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.23M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $10.60K | 955.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45091 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 15637268 | 7 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| EXT (ASX) Chart |